Funding you earn now, next payment 01:00 UTC+0.0047%/8h= +5.1% APRpaid last 24h +0.728%
Price spread now: Binance against Gate+0.341%7-day average +2.877% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,483as in the Funding arb table
Net, price: spread back to 7d avg − costs−$907as in the Price arb table
costs, in and out, $10k−$6536.534% of the position
Funding, last 7 days−8.300%−$830 on $10k
+Price spread, last 7 days+0.541%+$54 · spread now +0.341%, 7d avg +2.877%
=Funding pays, the price is against you. Binance is 2.536% cheaper against Gate than usual: you would sell low and buy high (spread +0.341% now, against its 7-day average of +2.877%). If the spread goes back, that is −$254 on $10k: about 6 months of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −8.300%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ONE_USDT | 0.004194 | −0.0833 | get 0.0833% / 8h | 7h 57m | $1.6M | $16.3M | 20x |
| Short | Binance ONEUSDT | 0.004208 | −0.0786 | pay 0.0098% / 1h | 57m 34s | $14.1M | $364.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $9.87
- Price spread: +0.341% → +2.877%
- −$253.59
- Slippage, 4 orders
- −$628.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$897.16
- Costs to cover
- 6.534%
- Break-even
- 643.3 days
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 31 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 1 min ago | 4.80 bp | 342.1 bp −$342 | 1771.3 bp −$17.7K | doesn't fit | doesn't fit |
| Sell Binance live order book, 31 min ago | 0.74 bp | 24.3 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
ONE on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ONE | −0.5107% | 1h | 0.004359 | +3.929% | $107K | $53K | — | as long as short |
| Bitget ONEUSDT | −0.3216% | 1h | 0.004197 | +0.076% | $1.8M | $37.3M | 20x | as long as short |
| KuCoin ONEUSDTM | −0.2936% | 1h | 0.004571 | +8.989% | $4.8M | $13.3M | 30x | as long as short |
| BloFin ONE-USDT | −0.1702% | 1h | 0.004226 | +0.763% | $779K | $3.1M | 50x | as long as short |
| Aster ONEUSDT | −0.1400% | 1h | 0.004192 | −0.053% | $2.2M | $8.4M | 5x | as long as short |
| Gate ONE_USDTlong | −0.0833% | 8h | 0.004194 | long leg | $1.6M | $16.3M | 20x | |
| Binance ONEUSDTshort | −0.0786% | 1h | 0.004208 | +0.341% | $14.1M | $364.8M | 50x | |
| MEXC ONE_USDT | −0.0784% | 1h | 0.004220 | +0.620% | $11.0M | $16.8M | 20x | as long as short |
| BingX ONE-USDT | −0.0072% | 1h | 0.004404 | +4.995% | — | $6.6M | — | as long as short |
Gate ONE_USDT
Binance ONEUSDT
Variational Omni ONE
Bitget ONEUSDT
KuCoin ONEUSDTM
BloFin ONE-USDT
Aster ONEUSDT
MEXC ONE_USDT
BingX ONE-USDT